JP Morgan Reiterates Rating on Tapestry, Inc. $TPR
Key Points
- JP Morgan now rates Tapestry, Inc. ($TPR) "buy" with a $205.00 target.
- The Street's average $TPR price target is $164.47 (Buy).
- $TPR last traded around $147.42.
JP Morgan reiterated its rating on Tapestry, Inc. ($TPR) to a "buy" rating, with a price target of $205.00 in a recent research note.
Tapestry, Inc. ($TPR) Stock
Tapestry, Inc. Earnings
Tapestry, Inc. Dividend
Analysts Set New Price Targets
About Tapestry, Inc.
Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags, fashion designs, business cases, computer bags, messenger style bags, backpacks, travel bags, and totes; and accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories, including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, technology accessories, gifting, straps, and charms. The company also provides women's and men's footwear, which casual and dress shoes, boots, sneakers, and sandals; and other products which includes outerwear, ready-to-wear, jewelry, watches, eyewear, fragrance, scarves, hats, gloves, and other products. It offers its products through retail and outlet stores, brand e-commerce sites, and concession shop-in-shops under the Coach, Kate Spade, and Stuart Weitzman brand names. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.
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